Newborn Acquisition Corp. announced that it has received $2.725 million in funding
February 18, 2020
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On February 19, 2020 Newborn Acquisition Corp. closed the transaction. The company issued 272,500 units for gross proceeds of $2,725,000 in the transaction.
Newborn Acquisition Corp. is a China-based blank check company as an exempted company with limited liability. The Company were formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company's efforts to identify a prospective target business will not be limited to a particular geographic region or industry, although the Company intends to focus on operating businesses in Asia (excluding China) and the United States.